President Donald Trump Announces a Crypto Strategic Reserve
President Donald Trump has announced that Bitcoin (BTC) and Ethereum (ETH) will be included in the U.S. Crypto Strategic Reserve, in addition to the previously mentioned Solana (SOL), Cardano (ADA), and Ripple (XRP). This update came shortly after his initial announcement earlier today, where he specified SOL, ADA, and XRP as part of the reserve, sparking surprise and concern among some crypto enthusiasts, particularly Bitcoin and Ethereum supporters, due to the omission of BTC and ETH.
Trump clarified his position in a subsequent statement on X, stating, “And, obviously, BTC and ETH, as other valuable cryptocurrencies, will be at the heart of the Reserve. I also love Bitcoin and Ethereum!” This clarification aligns with his broader pro-crypto stance and addresses the disappointment expressed by some in the crypto community, as seen in posts on X where users speculated that BTC and ETH could not be excluded given their prominence and Trump’s personal and corporate investments in these assets.
President Trump has indeed announced his intention to establish a U.S. Crypto Strategic Reserve that includes XRP (Ripple), SOL (Solana), and ADA (Cardano). This announcement, made via his official social media pages on Truth Social and X.
In the post, Trump emphasizes that the reserve will "elevate this critical industry after years of corrupt attacks by the Biden Administration" and pledges to ensure the U.S. becomes the "Crypto Capital of the World," aligning with his campaign slogan, "We are MAKING AMERICA GREAT AGAIN!" This move builds on his broader pro-cryptocurrency stance, which has included promises to create a favorable regulatory environment for digital assets and to counter what he perceives as restrictive policies from the previous administration.